He comments, "Candidly, those who count on quote 'Hollywood' for support need to understand that this industry is watching very carefully who's going to stand up for them when their job is at stake. Don't ask me to write a check for you when you think your job is at risk and then don't pay any attention to me when my job is at stake."

Despite seeing record profits, driven by a 35 percent rise in Blu Ray movie sales Chris Dodd and the MPAA insist that the movie industry is in dire trouble due to piracy. He points to Avatar being stolen 21 million times as one example of piracy's decimating blow to the movie industry. Of course he purposefully fails to note that Avatarmade almost $3B USD at the box office worldwide.

He does his best to argue for Orwellian laws like SOPA, by trying to recharacterize the issue as a matter of little guys getting exploited, "You can complain and say, well, actors make a lot of money and they don't have to worry about this. You tell that to that camera guy, you tell that to that makeup artist, you tell that to that truck driver out there who made, makes a living because they work in this industry."

Chris Dodd ran against President Obama in 2008, but lost. Afterwards he turned to a new career in lobbying, quickly securing his high-paying job as MPAA chief.

II. Editorial Take: Bribery is the Staus Quo in D.C. Today

A CEO threatening the U.S. President and Congress is a pretty bold move, and it is indicative of the sordid web of bribery that Washington D.C. has found itself in. These days it's hard to get anything done at the federal level without a heavy lubricating layer of lobbyists bribes.

The big Hollywood CEO picks an inopportune time to attack President Obama, given that members of Hollywood's elite -- top actors and companies -- have already given him $4.1M USD -- more than the $3.7M USD they gave to his campaign in 2008. And the decision by the administration to break its silence and side with tech firms like Google Inc. (GOOG) in opposing SOPA, is expected to draw more lobbyist bribes from these top tech firms.

The conflict between Google, et al. and the MPAA, et al. in lobbyist dollars is illustrative of the unseemingly current nature of federal politics. Today corporations and special interest groups essentially "own" pieces of the federal government.

These days it's hard to get anything done in D.C. without a bribe. [Image Source: i-Sight]

When their interests are independent or in line with each other they see their desired goals -- like millions in tax breaks -- easily passed, hidden as line item additions to bloated pieces of legislation. But when their interests run counter to each other, they're forced to wage a war of bribes.

At the same time the U.S. people and small business owners are largely left out of the process, while there relatively high tax burden is funneled towards companies that have "bribed the best" on the Hill. A recent study by the University of Kansas School of Business reveals that for ever $1 USD spent in lobbyist contributions, a corporation receives $222 USD in tax breaks. The bill for those tax breaks is inevitably passed to the usual suspect -- the American taxpayer.